Coach Shares Fall After Weak Annual Forecast

The video discusses the stock performance of Coach following the acquisition of Michael Kors, highlighting investor dissatisfaction and market confusion. It explores the strategic shift towards building brand houses and the operational adjustments required, such as inventory management and promotional strategies, to stabilize the industry.

What challenges are associated with cleaning up operations in the industry?

What does the term 'housekeeping of earnings model' refer to in this context?